Software AG Acquires Zementis to Build Out IoT Capabilities

“The impact of the Internet of Things on industry, business and society will dwarf anything we have experienced through technology so far,” said Software AG Chief Executive Officer, Karl-Heinz Streibich. “This is now widely acknowledged by industry, as is the unique business insights that can be provided by combining predictive analytics, machine learning and streaming analytics. This combination has played a major role in the recent strategic IoT partnerships Software AG has established.”

“Zementis was founded with the vision of delivering true interoperability for Artificial Intelligence, allowing machine learning and predictive models to rapidly move from development to deployment, allowing data-centric organizations and enterprises to easily incorporate AI into their routine operations,” said Dr. Michael Zeller, CEO of Zementis. “Software AG’s open standards strategy empowers clients to manage heterogeneous IT architectures, and perfectly complements the vendor-neutral AI capabilities that our solutions deliver.” Read the full article here.